Details
Viewings
Property Summary
  • An industrial portfolio.
  • Comprising 34 x industrial units & 10 x office units.
  • Extending to approximately 15,410 sq. m (165,872 sq. ft) in total.
  • 31 x units subject to tenancies.
  • 13 x units vacant.
  • Total current rent reserved €324,256 per annum.
  • Total current rent passing €242,980 per annum.
Location
  • Gorey is a busy market town with a population of approximately 10,000 people (as of the 2016 Census).
  • The town is situated approximately 17km south of Arklow and some 42km north of Wexford Town.
  • The town is situated on the M11 motorway providing direct access to Dublin city centre some 88km to the north, and Wexford to the south.
  • The property is situated on the outskirts of Gorey town centre, almost immediately to the south of Tesco Extra, off the R772 in close proximity to both Junction 23 of the M11 and Gorey Railway Station.
Description

The portfolio is arranged across five blocks to provide a total of 34 x industrial units and 10 x offices. The portfolio forms part of the wider Gorey Business Park. N.B. For the avoidance of doubt the sale comprises part of the business park only.

VAT
Please refer to the legal documents.
Accommodation & Tenancies
Total 15,410 165,872       €324,256 €242,980
Unit No. Sq. m Sq. ft  Lessee Lease Start Date Term  Contracted Rent €p.a. Rent Passing €p.a. 
Block 1              
Units 4 & 4L 545 5,866 Paul Walsh T/A East Coast Hunting & Shooting 01/08/2012 4 Years 9 Months €15,600 €15,600
Unit 5 185 1,991 Vacant  - - - -
Unit 6  182 1,959 Brennan Bakeries 01/04/2007 4 Years 9 Months €9,360 €7,800
Unit 7A 95 1,023 Gorey Mens Sheds 09/01/2012 12 months - €2,100
Unit 7B 92 990 Mark Sheridan of Gorey Pitstop 01/02/2014 12 months €5,200 €4,800
Unit 8 284 3,057 Simon Gniadek 12/01/2016 2 Years €4,800 €4,800
Unit 9  266 2,863 Kinsella Sign & Print Manufactures 02/10/2006 4 Years 9 Months €10,400 €6,000
Enterprise Centre              
Unit 10A 339 3,649 Prosoft. 01/09/2016 Month to Month €2,600 €2,600
Unit 10B H & H Products 01/01/2015 1 year €2,600 €2,600
Unit 10C The Haven Group 03/07/2005 Unknown €2,600 €2,600
Unit 10D Vacant  - - - -
Unit 10E Vacant  - - - -
Unit 10F Vacant  - - - -
Unit 10G  Space Therapy Unknown Unknown €2,600 €2,600
Unit 10H DJP Services 18/05/2015 Unknown €2,600 €2,600
Unit 10I Mullany Engineering Consultancy 01/07/2016 Unknown €1,800 €1,800
Unit 10J Rita Wall Unknown Unknown €1,800 €1,800
Block 5              
Unit 11 - 17  1,712 18,428 Vacant  - - - -
Unit 15B 81 872 Austin Branagan of J.A Branagan 25/04/2008 12 Months €6,240 €4,320
Unit 16A 330 3,552 SKC Providers Gorey Limited 03/11/2015 4 Years 9 Months €10,400 €10,400
Unit 16B 224 2,411 True Warrior Gym 04/11/2015 2 Years €10,400 €10,400
Unit 18 549 5,909 St Aidens Day Care Centre Limited  01/01/2010 15 Years €18,720 €18,720
Unit 18B 226 2,433 Vacant  - - - -
Unit 19A 360 3,875 My Fitt Leisure Solution Ltd 15/07/2015 1 Year €15,600 €0
Unit 19B 389 4,187 Avoca Furniture Design Ltd. 01/04/2015 1 Year €11,440 €0
Unit 20 295 3,175 Vacant  - - - -
Unit 21  249 2,680 Cecil Motors 01/07/2007 4 Years 9 Months   €18,200 €15,600
Block 6              
Unit 22  493 5,307 Gorey Gymnastics 05/01/2015 4 years 9 months €10,400 €10,400
Unit 23  239 2,573 Sentry Security (Karwall Ltd) 01/01/2011 4 years 11 months €10,000 €10,000
Unit 24 524 5,640 Tricon Automation Ireland Limited  19/06/2007 2 months €16,896 €0
Unit 25 529 5,694 AASL T/A Kidzone 13/08/2007 4 Years 9 months €26,000 €16,640
Unit 26  441 4,747 Vacant  - - - -
Unit 26A, 27, 28, & 29 1,234 13,283 Vacant  - - - -
Block 7               
Unit 30 477 5,134 Vacant  - - - -
Unit 30A 229 2,465 Vacant  - - - -
Unit 31 512 5,511 Vacant  - - - -
Unit 32 547 5,888 CK Signs 01/07/2014 4 Year 9 Months €15,600 €15,600
Unit 33  1,008 10,850 Wreckless Skate Park 01/04/2015 4 Year 9 Months €28,000 €27,000
Unit 34 Wreckless Skate Park Above Above Above Above
Unit 35  691 7,438 Adventure Motorcycles 01/11/2014 4 Year 9 Months €15,600 €15,600
Unit 36 507 5,457 Effective Power Solutions 01/07/2013 12 Months €18,200 €0
Block 8              
Unit 37  464 4,994 Adventure Motorcycles 01/04/2017 2 years 4 months €15,000 €15,000
Unit 38 501 5,393 Vacant  - - - -
Unit 39 611 6,577 Wexford Casings  01/09/2014 4 Years 9 Months  €15,600 €15,600
BER No.

Available from BidX1

Energy Performance Indicator

1068.17 kWh/m²/yr 2.87 - 2.0419 kWh/m²/yr 0.95



No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

BIDDING HAS CLOSED
Sold for €1,550,000
Bid History 6
Bidder Amount Date
Bidder 13002 €1,550,000 28/02/2018 11:00:02
Bidder 13070 €1,522,000 28/02/2018 10:59:31
Bidder 13070 €1,521,000 28/02/2018 10:59:18
Bidder 13002 €1,520,000 28/02/2018 10:59:11
Bidder 13070 €1,505,000 28/02/2018 10:58:35
Bidder 13002 €1,500,000 28/02/2018 10:56:06
Viewings & Registration Enquiries
BidX1 Support Team
info@bidx1.com
+353 (0)1 667 3388
Useful links
Property Enquiries
Gillian Earley
gillian.earley@bidx1.com
+353 (0)1 667 3388
Property Enquiries
Richard O'Neill
Richard.O'Neill@bidx1.com
+44 (0)20 3912 6260
Vendor Solicitor
Thomas Dalton
thomas.dalton@matheson.com

Messrs Matheson Solicitors

Tel: +353 (0)1 232 2000.

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